UK firms to take over entire blocks of flats in Luxembourg for Brexit staff

Financial services companies in the UK are looking to take over entire blocks of apartments to house their staff moving to Luxembourg as a result of Brexit, a senior real estate consultant said.

Companies started showing interest in residential units in September last year – as the six-month countdown to the scheduled withdrawal date started ticking – according to Robby Cluyssen, senior consultant in the residential market for property consultancy firm Jones Lang LaSalle.